cynic69

Four Reasons to Believe in the "Bear Stearns Bottom"

Wait a minute Jordan. No matter how smart your model is someone had to dream up some earnings to input to the thing. Are they past earnings? Those are ancient history. Are they forward looking earnings? Those are someones wishful thinking. I suggest that with the price of oil higher than its ever been in history future earnings are a mystery. Knowing how much the bulls want this market to recover I think maybe the future earnings you used for your model were a sckosh on the high side.

The End of the Bear Market?

Alan
You belong on CNBC. It seems like no one has figured out that the real estate bubble is a very small part of our problems. Consumer spending constitutes 75% of our GDP. With the price of oil over $110 Americans are not going to be able to shop for victoria's secrets, cheese doodles and escalades. When folks finally realize what a mess we are in this stock market is going fall another 30%. James Howard Kunstler says there are NO alternatives to cheap light sweet crude. We are living in a world that depends on $40 oil but the price of oil is headed to $120. The price of everything in our civilation is effected by the price of oil. Americans better get used to eating beans and rice.
Gale Whitaker